All property photos

10 photos

$1,400,000

Active (ACT)

287 W 5TH AVE, Junction City, OR 97448

Bedrooms
—
Bathrooms
—
Square feet
—
Acres
0.14

About this property

An exceptional opportunity to acquire a high-performing income property in the heart of downtown Junction City. This permitted triplex offers a unique investment model that maximizes rental income by leasing 12 individual bedrooms rather than the three units as traditional apartments. This is a rare, income-maximized, engine generating, nearly $8,700/month in gross rents. This concept not only helps maximize the property's income stream, but minimizes the vacancy loss as well if a tenant moves out, you still have 11 others still paying. This model is so effective and keeps occupancy so high because of housing affordability and the high demand of low-income renters in the Junction City area. Leasing individual bedrooms rather than whole units — producing gross revenues substantially above what traditional unit-by-unit rental would yield in this submarket. With Junction City positioned as an affordable alternative to Eugene's tightening rental market, demand for individual rooms is strong and growing. 100% Occupied — Day-One Cash Flow. Tenants pay all utilities. No lease-up risk. No vacancy stabilization period. A buyer steps into a fully tenanted, fully performing asset from closing day forward.

MLS details

Property information

Overview

MLS #
244936370
RMLS status
Active (ACT)
Standard status
Active
Property type
Multi Family
Year built
1905
Stories
2
County
Lane
Zoning
C2
Attached property
No

Listing and taxes

Listing modified
Jul 1, 2026, 11:20 AM PDT
On market
June 30, 2026
Days on market
104
Original list price
$1,400,000
Annual property tax
$4,512
Tax year
2025

Interior

Heating
Zoned
Basement
Crawl Space

Exterior, parking and land

Lot size
6,098 sq ft
Attached garage
No
Total parking
4
Exterior
Cement Siding, Wood Siding
Roof
Composition
Foundation
Concrete Perimeter

Utilities and setting

Sewer
Public Sewer
Water source
Public Water
View
No

Schools

Elementary
Laurel
Middle school
Oaklea
High school
Junction City
Listing #244936370

Listing provided courtesy of Walker Family Development Inc.

541-954-8588